How to Draw Gold Trading Fib Extension on MetaTrader 4

How Do I Draw Trading Fibo Extensions?

Steps: Fibo Extension Levels tool indicator is not displayed by default on MetaTrader 4 settings, if Fib Extension Technical Indicator Tool is not appearing on your MT4 platform, (no need for you to download this Fibo Extension technical indicator) then locate 'MetaTrader 4 Line Studies Toolbar' shown below & follow the steps below to add the Fibo Extension Levels Indicator Tool in MetaTrader 4:

1. MetaTrader 4 Line Studies ToolBar - How Do I Draw Fibo Extension Levels in MetaTrader 4?

How to Draw Gold Trading Fib Extension in MetaTrader 4 - How to Draw Fibo Extension in MT4

2. Customize Line Studies Toolbar - How to Draw Fibo Extensions in MetaTrader 4

Right-click the Customize button key (shown below) >>> A drop-down menu pops up, Choose Customize >>>

Customize Line Studies Toolbar - How to Draw Fibo Extension Indicator on MetaTrader 4

3. Place This Fibo Extension Indicator on MT4 - How to Draw Fibo Extension Indicator on MetaTrader 4 Charts

Choose the Fibo Extension Indicator tool from the pop up window which will then appear >>> Click Insert button >>> Click Close. (Shown Below)

Place Fibo Extension Indicator on MetaTrader 4 - How to Draw Fibo Extension Indicator on MT4 XAUUSD Charts

4. Fibo Extension Technical Indicator Added - How to Add Fibo Extension Indicator on MT4

Fibo Extension Technical Indicator Added - How to Add Fibo Extension Indicator on MT4

How Do I Draw Trading Fibo Extensions?

A trader can then choose the Fibo Extension Technical IndicatorTool pictured above on the MT4 platform & then use this Fibo Extension tool to place this indicator on the chart & use this Fibo Extension tool to determine the Fibo Extensions on the charts.